Updated Sep 23, 2026
FINANCEDDevelopment Site
Nico Sharp Of RBI Private Lending Provides $6,800,000 Construction Loan For Development Site In Paradise Valley
5815 North Palo Cristi Road
$6,800,000
Building Size
—
Asset Type
Development Site
Closing
Aug 31, 2026
About this deal
AI
The asset involved in this transaction is a development site located at 5815 North Palo Cristi Road in Paradise Valley. The loan amount for this property is $6,800,000, secured for construction purposes, with a loan term of 24 months.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $6,800,000
- Loan Type: Construction
- Loan Terms: 24 months
- Lender: Nico Sharp - RBI Private Lending
Nico Sharp represents the lender in this transaction, facilitating the financial arrangement for the development site to be established in the Paradise Valley market.
Players
Paradise Valley Development Site Market Snapshot
Boundary boundary · Development Site · Loan transactions
Loading comparables…
Deal FAQ
Browse Paradise Valley development site loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.33%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93